Rents slip as buy-to-let attracts investors

According to the latest Buy-to-Let Index from LSL Property Services, average rent dropped by 0.3% (£682) compared with December but remained 4% higher than a year ago, with signs of renewed growth in several areas.

The January movement marked the second consecutive monthly fall and took average yield down to 4.9%, as rents declined at a faster pace than rental property values. Read More: